Emeis · EURONEXT:EMEIS
Emeis — Orpea — Q3 2021 Earnings Presentation
24 slides from Emeis's earnings presentation, November 2021
Slide 1: Q3 2021 revenue
Q3 2021 revenue November 2021 Rio de Janeiro, Brésil
Slide 2: Confirmed positive dynamic in Q3 2021
Reported Organic in €m Q3 2021 Q3 2020 growth growth Organic growth France / Benelux 681.7 602.2 +13.2% +7.9% Q3 2021: +5.7% Central Europe 282.6 257.0 +10.0% +1.8% Eastern Europe 100.8 99.7 +1.0% +2.5% Iberia + Latam 44.5 41.9 +6.2% +5.8% Main acquisitions › Ireland: Brindley, Firstcare, Belmont Ot
Slide 3: Recovering pre-Covid growth in Q3 2021
ORGANIC GROWTH AND REVENUE EVOLUTION SINCE Q4 2019 1,110 13% 956 9% 11% 8% 7% 7% 9.8% Revenue (€m) 5% 5.7% Organic growth 4.7% Reported growth 3.9% Recovering pre- -1% 1.2% 1.0% 0.5% Covid growth in Q3 2021 -5.0% Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 At Group level, organic
Slide 4: Revenue and organic growth by geographical zones
France / Benelux Central Europe Quarterly Revenue: +20% (Q3 21 vs Q4 19) Quarterly Revenue: +16% (Q3 21 vs Q4 19) 682 283 568 7.9% 243 4.8% 4.2% 1.8% -3.7% -4.7% Revenue and Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 202
Slide 5: 2021 openings in line with objective
9 months, opening of Accelerating the 10 countries concerned in all geographical areas pace of openings 2,336 beds +1,060 new beds vs. (29 facilities + extensions) +600 in Q1 and Q2 2021 Facilities designed by the Group in major capitals: Antwerp, Bilbao, Warsaw, Bern, Girona, Humpolec, Hanover BREA
Slide 6: Examples of openings in 2021
Turin (Italia) Warsaw (Poland) Villach (Austria) 270 beds 168 beds 150 beds Bern (Switzerland) Cluses (France) Bilbao (Spain) Examples of 94 beds 128 beds 104 beds openings in 2021 Humpolec (Czech Rep.) Berlin (Germany) Girona (Spain) 171 beds 147 beds 204 beds 6
Slide 7: Rehabilitation clinic in Cluses (France) – 128 beds
Rehabilitation clinic in Cluses (France) – 128 beds 7
Slide 8: Nursing home in Antwerpen (Belgium) – 118 beds
Nursing home in Antwerpen (Belgium) – 118 beds 8
Slide 9: Rehabilitation clinic in Warsaw (Poland) – 168 beds
Rehabilitation clinic in Warsaw (Poland) – 168 beds
Slide 10: Nursing home in Bern (Switzerland) – 94 beds
Nursing home in Bern (Switzerland) – 94 beds 10
Slide 11: Nursing home in Girona (Spain) – 147 beds
Nursing home in Girona (Spain) – 147 beds 11
Slide 12: Nursing home in Bilbao (Spain) – 104 beds
Nursing home in Bilbao (Spain) – 104 beds 12
Slide 13: Nursing home in Villach (Austria) – 150 beds
Nursing home in Villach (Austria) – 150 beds 13
Slide 14: Nursing home in Berlin (Germany) – 171 beds
Nursing home in Berlin (Germany) – 171 beds 14
Slide 15: CSR Initiatives
CSR Initiatives
Slide 16: ORPEA partner of the Summit on economic inclusion
1st edition of the Summit on economic inclusion (« Sommet de l’inclusion économique ») under the leadership of Mr. Bruno Le Maire (French Finance Minister), along with other ministers and more than 50 companies and institutions already involved, intends to: Objectives: › promote diversity in the wor
Slide 17: Diversity, a major opportunity for success
DIVERSITY IS KEY WITHIN THE HR POLICY OF THE ORPEA GROUP: . › Gender equality: 65% of positions of responsibility are held by women within ORPEA › Promoting the employment of young people (10% of employees aged . less than 25 years-old) while retaining older workers (19 are aged 55 or above) Diversi
Slide 18: Outlook
Outlook
Slide 19: 2021 revenue guidance increased by stronger than expected organic growth
2021 revenue guidance increased by stronger then expected organic growth > €4,275m >+9.0% > €4,215m >+7.5% > €4,155m NOVEMBER 2021 >+6% JUNE 2021 MARCH 2021 2021 revenue growth target increased 2 times during the year: +€120m (+3 pts) 19
Slide 20: 2021 objectives
2021 objectives At least +9,0% REVENUE > €4,275m EBITDAR MARGIN PROFITABILITY H2 2021 > H1 2021 REAL ESTATE Disposals of €400m 20
Slide 21: Inflation effect on ORPEA
INCREASE IN INFLATION IMPACT ON REAL- IMPACT ON IMPACT ON RESULTS ESTATE VALUATION DEVELOPMENT Revenue: organic growth Conservative rate Higher Per diem rates indexed to of return used interest rates inflation at 5.3% Rent: capped Healthcare real estate very sought Decrease in the price of More than
Slide 22: Covid-19 and vaccination
Covid-19 | and vaccination |.
Slide 23: Success of the deployment of the anti-Covid vaccine
VACCINATION RATE OF RESIDENTS AND EMPLOYEES PER COUNTRY Vaccination rate Vaccination rate Residents 91% Employees 86% 99% 99% 99% 98% 91% Success of the 100% 100% 99% 99% 98% 91% 86% deployment of 92% 92% 91% 89% 88% 80% 89% 85% 82% the anti-Covid 76% 71% 71% vaccine 50% 50% >90% of residents vaccin
Slide 24: Sanitary situation under control as of 31.10.21
NUMBER OF COVID+ RESIDENTS NUMBER OF COVID+ EMPLOYEES 1,500 4,000 Start of the vaccination 3,000 1,000 0.2% < 0.1% 2,000 500 1,000 Sanitary 0 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 0 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 situation under